Source: TRREB MarketWatch, November 2018

8 areas

Durham Region

November 2018

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$590,403

MoM +$1,435 +0.2% up $1,435, 0.2% versus October 2018 YoY +2.7% up 2.7% versus November 2017

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$550,000

MoM −$5,750 −1.0% down $5,750, 1.0% versus October 2018 YoY no change no change versus November 2017

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

MoM n/a not available, prior month not on file versus October 2018 YoY n/a not available, prior month not on file versus November 2017

Sales — Firm transactions reported through the MLS® System during the month.

730

MoM −68 −8.5% down 68, 8.5% versus October 2018 YoY −17.0% down 17.0% versus November 2017

Dollar volume — Total value of all sales in the month.

$431.0M

MoM −$39,002,644 −8.3% down $39,002,644, 8.3% versus October 2018 YoY −14.7% down 14.7% versus November 2017

New listings — Properties newly listed during the month.

1,179

MoM −465 −28.3% down 465, 28.3% versus October 2018 YoY −27.8% down 27.8% versus November 2017

Active listings — Listings available at month end.

1,772

MoM −310 −14.9% down 310, 14.9% versus October 2018 YoY −0.4% down 0.4% versus November 2017

Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.

27

MoM +3 days +12.5% up 3 days, 12.5% versus October 2018 YoY +17.4% up 17.4% versus November 2017

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

98%

MoM no change no change versus October 2018 YoY no change no change versus November 2017

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

61.9%

MoM +13.4 pp +27.6% up 13.4 pp, 27.6% versus October 2018 YoY +15.0% up 15.0% versus November 2017

Months of inventory — Active listings divided by monthly sales — how long the current stock would take to sell. Computed here, not TRREB’s trend figure.

2.4

MoM −0 −7.0% down 0, 7.0% versus October 2018 YoY +19.9% up 19.9% versus November 2017

Trend

13 months to November 2018

Average price

Durham Region average selling price over the 13 months ending November 2018.
Month Average price
Nov '17 574901
Dec '17 575064
Jan '18 578645
Feb '18 591404
Mar '18 598412
Apr '18 609813
May '18 596591
Jun '18 610728
Jul '18 584131
Aug '18 590706
Sep '18 587009
Oct '18 588968
Nov '18 590403

Sales

Durham Region sales over the 13 months ending November 2018.
Month Sales
Nov '17 879
Dec '17 545
Jan '18 470
Feb '18 604
Mar '18 846
Apr '18 930
May '18 919
Jun '18 918
Jul '18 794
Aug '18 843
Sep '18 773
Oct '18 798
Nov '18 730

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 730 −68 −8.5% down 68, 8.5% versus October 2018 $590,403 +$1,435 +0.2% up $1,435, 0.2% versus October 2018 $550,000 61.9% 2.4
Detached 492 −60 −10.9% down 60, 10.9% versus October 2018 $653,060 +$8,113 +1.3% up $8,113, 1.3% versus October 2018 $624,500 58.6% 2.8
Semi-detached 51 −2 −3.8% down 2, 3.8% versus October 2018 $479,725 +$14,806 +3.2% up $14,806, 3.2% versus October 2018 $440,000 91.1% 1.2
Att/row/townhouse 77 −3 −3.8% down 3, 3.8% versus October 2018 $514,522 −$14,916 −2.8% down $14,916, 2.8% versus October 2018 $517,500 58.8% 1.8
Condo townhouse 37 −9 −19.6% down 9, 19.6% versus October 2018 $403,678 −$1,626 −0.4% down $1,626, 0.4% versus October 2018 $388,000 67.3% 1.8
Condo apartment 47 +4 +9.3% up 4, 9.3% versus October 2018 $381,760 +$4,211 +1.1% up $4,211, 1.1% versus October 2018 $362,000 66.2% 2.0
Link 25 +1 +4.2% up 1, 4.2% versus October 2018 $499,752 −$4,906 −1.0% down $4,906, 1.0% versus October 2018 $503,500 96.2% 1.6
Co-op apartment 1 +1 up 1 versus October 2018 $232,000 n/a not available, prior month not on file versus October 2018 $232,000 0.0
Detached condo 0 no change no change versus October 2018 n/a not available, prior month not on file versus October 2018
Co-ownership apartment 0 no change no change versus October 2018 n/a not available, prior month not on file versus October 2018

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock +17.6% up 17.6%
  2. Pickering +4.6% up 4.6%
  3. Ajax +4.0% up 4.0%
  4. Clarington +0.8% up 0.8%
  5. Oshawa +0.5% up 0.5%

Bottom 5

  1. Uxbridge −11.8% down 11.8%
  2. Scugog −7.8% down 7.8%
  3. Whitby −2.6% down 2.6%
  4. Oshawa +0.5% up 0.5%
  5. Clarington +0.8% up 0.8%

Sales, month-over-month

Top 5

  1. Oshawa +4.7% up 4.7%
  2. Uxbridge −4.2% down 4.2%
  3. Pickering −6.0% down 6.0%
  4. Ajax −8.9% down 8.9%
  5. Whitby −12.6% down 12.6%

Bottom 5

  1. Brock −30.0% down 30.0%
  2. Scugog −26.7% down 26.7%
  3. Clarington −19.2% down 19.2%
  4. Whitby −12.6% down 12.6%
  5. Ajax −8.9% down 8.9%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$742,043

−$99,051 −11.8% down $99,051, 11.8% versus October 2018

Sales
23
SP/LP
98%
DOM
53
SNLR
57.5%

Full history →

Pickering focus

Pickering, Durham Region

$707,325

+$31,409 +4.6% up $31,409, 4.6% versus October 2018

Sales
94
SP/LP
97%
DOM
25
SNLR
71.8%

Full history →

Whitby focus

Whitby, Durham Region

$638,388

−$16,908 −2.6% down $16,908, 2.6% versus October 2018

Sales
125
SP/LP
98%
DOM
25
SNLR
57.6%

Full history →

Ajax focus

Ajax, Durham Region

$637,483

+$24,493 +4.0% up $24,493, 4.0% versus October 2018

Sales
113
SP/LP
98%
DOM
22
SNLR
58.3%

Full history →

Scugog focus

Scugog, Durham Region

$594,093

−$50,357 −7.8% down $50,357, 7.8% versus October 2018

Sales
22
SP/LP
97%
DOM
35
SNLR
81.5%

Full history →

Clarington focus

Clarington, Durham Region

$545,147

+$4,195 +0.8% up $4,195, 0.8% versus October 2018

Sales
118
SP/LP
98%
DOM
27
SNLR
52.7%

Full history →

Brock focus

Brock, Durham Region

$521,457

+$78,057 +17.6% up $78,057, 17.6% versus October 2018

Sales
14
SP/LP
94%
DOM
48
SNLR
48.3%

Full history →

Oshawa focus

Oshawa, Durham Region

$501,840

+$2,691 +0.5% up $2,691, 0.5% versus October 2018

Sales
221
SP/LP
98%
DOM
27
SNLR
69.7%

Full history →

All Durham Region areas

8 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI
Uxbridge focus Uxbridge, Durham Region 23 −1 −4.2% down 1, 4.2% versus October 2018 $17.1M $742,043 −$99,051 −11.8% down $99,051, 11.8% versus October 2018 $705,000 40 116 98% 53 57.5% 5.0
Pickering focus Pickering, Durham Region 94 −6 −6.0% down 6, 6.0% versus October 2018 $66.5M $707,325 +$31,409 +4.6% up $31,409, 4.6% versus October 2018 $628,250 131 216 97% 25 71.8% 2.3
Whitby focus Whitby, Durham Region 125 −18 −12.6% down 18, 12.6% versus October 2018 $79.8M $638,388 −$16,908 −2.6% down $16,908, 2.6% versus October 2018 $600,000 217 286 98% 25 57.6% 2.3
Ajax focus Ajax, Durham Region 113 −11 −8.9% down 11, 8.9% versus October 2018 $72.0M $637,483 +$24,493 +4.0% up $24,493, 4.0% versus October 2018 $620,000 194 226 98% 22 58.3% 2.0
Scugog focus Scugog, Durham Region 22 −8 −26.7% down 8, 26.7% versus October 2018 $13.1M $594,093 −$50,357 −7.8% down $50,357, 7.8% versus October 2018 $538,750 27 88 97% 35 81.5% 4.0
Clarington focus Clarington, Durham Region 118 −28 −19.2% down 28, 19.2% versus October 2018 $64.3M $545,147 +$4,195 +0.8% up $4,195, 0.8% versus October 2018 $525,000 224 306 98% 27 52.7% 2.6
Brock focus Brock, Durham Region 14 −6 −30.0% down 6, 30.0% versus October 2018 $7.3M $521,457 +$78,057 +17.6% up $78,057, 17.6% versus October 2018 $467,450 29 72 94% 48 48.3% 5.1
Oshawa focus Oshawa, Durham Region 221 +10 +4.7% up 10, 4.7% versus October 2018 $110.9M $501,840 +$2,691 +0.5% up $2,691, 0.5% versus October 2018 $473,000 317 462 98% 27 69.7% 2.1